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Post-Covid real estate investing in Spain

Posted and filed under Bare Ownership. Tagged:

The following blog is inspired by an article that appeared in Bloomberg this week.  As the Spanish economy starts to reopen, flights are due to land here again from early June and there is a buzz in the Spanish air; investing in Spain? ordinary people, not just investors are looking for that.  What has changed in real estate investing in... Read more »

Holidays in Spain during COVID-19

Posted and filed under Newsletters. Tagged:

Holidays in Spain Covid passport

Spain’s secretary of state for tourism has said that there is good news and good times ahead for foreign tourists coming to Spain. We want to give you the latest news about Holidays in Spain during COVID-19. When will reopen the Spanish borders? Fernando Valdés said that the country aims to reopen overseas holidaymakers from June. They will do it... Read more »

GOLDEN VISA SPAIN after Brexit

Posted and filed under Legal Paperwork (NIE, Residencia, Padron). Tagged:

Spain first launched its popular golden visa programme back in 2013.  Back then, a simple investment of €500,000 in real estate was promised to gain a family residency in the country. Unfortunately, the application process proved more complicated than we had hoped. We had Chinese and Russian applicants who successfully purchased here but the red tape was excessive. Now, post-Brexit... Read more »

Will property prices fall in Spain after Brexit?

Posted and filed under Property in Spain. Tagged:

Will property prices fall in Spain after Brexit? Like it or not. Brexit is now a reality and UK citizens dreaming of property in Spain might need to assess before taking the plunge. But will buying Spanish property still be the cost-saving route to a comfortable lifestyle in the sun it has always been for British expats? Or could a... Read more »

Property business in Spain, Equity Release and donation

Posted and filed under Property in Spain. Tagged:

I remember writing the newsletter this time last year and all the talk was “Brexit” with a nod to the Corona Virus and the associated lockdowns which we thought at the time could last for weeks!  Well, things look very similar but with a few solid glimmers of light on the horizon. Green shoots, I think is the fashionable term. ... Read more »

Are you a UK pensioner living in Spain?

Posted and filed under Financial outlook, Newsletters, pension. Tagged:

UK pensioner living in Spain?

This an article for UK pensioner living in Spain. It is a Considerations for those that have UK pensions schemes and are a Spanish Tax Resident Should I have a financial advisor in Spain? There are many types of pension schemes and understanding their benefits and restrictions for many can prove troublesome. Although there are UK Government-backed advice centres, they... Read more »

Requirements for UK buyers in Costa Blanca South

Posted and filed under Newsletters. Tagged:

Another problem that comes with Brexit. Possible Requirements for UK buyers in areas of Costa Blanca South A Decree in 1978 stated property located within a certain distance of the Spanish Air Force headquarters in San Javier and Navy facilities. In Cartagena required authorisation from The Ministry of Defence for any non-EU citizens purchasers. This affects areas of Orihuela Costa,... Read more »

Investment Equity release

Posted and filed under Bare Ownership. Tagged:

Investment: Equity Release deal in Cabo Roig, Alicante. Residential Tabora, Cabo Roig, Alicante, Spain. Property for sale with 37.5% discount.  134,900 euro. Distressed sale: A quick deal required We have a seller looking for equity release, in exchange for a rent-free period of 5 years. (usufruct). He will vacate the property after that time and you will have a property. You... Read more »

Residencia to TIE exchange

Posted and filed under Brexit and Spain, Spanish Residency. Tagged:

We are receiving many enquiries about if there is an obligation or not to exchange Residencia to TIE Obligation to change the Green Residence for the TIE If you applied for residency before the 1st July 2020 you will have a green residency card or A4 Green residency document. If you have green residency, you are not legally obliged to... Read more »

MODEL 720: OBLIGATION TO DECLARE ASSETS LOCATED OUTSIDE SPAIN

Posted and filed under General Articles of Interest, Local area, Newsletters, Taxes in Spain. Tagged:

spanish legal terms

The deadline for submission of the Model of 720 31st March each year. All the Assets and rights located abroad and valued above 50,000 euros must be declared. It is a purely informative presentation, but of an essential nature. The penalties for its non-filing or out-of-time submission are high. Under the “anti-fraud” plan launched in 2013. The Spanish government imposed... Read more »

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